London Daily

Focus on the big picture.
Thursday, Mar 05, 2026

CBI scandal: Chancellor declares there is 'no point' engaging with lobby group

CBI scandal: Chancellor declares there is 'no point' engaging with lobby group

Jeremy Hunt says it is important for the government to engage with a body that is representative of the business community, as commentators speculate the CBI will not survive its misconduct crisis.
Chancellor Jeremy Hunt says there is "no point" in talking to the CBI while the lobby group is dealing with allegations that have brought its future into doubt.

Speaking at the Business Connect conference attended by the prime minister, an event arranged by Downing Street to address the business community, Mr Hunt said the government would continue to engage with business with or without the CBI.

His comments come after scores of high-profile companies announced they were suspending or ending their membership of the 58-year-old lobby group following allegations of sexual misconduct and rape by some members of staff.

"There's no point in engaging with the CBI when their own members have deserted them in droves, so we want to engage with a body that speaks for business," Mr Hunt said.

"It's incredibly important for me when I am constructing budgets to have someone I can turn to that speaks for British business because we are a very, very pro-business government.

"It's not for us to say how that happens because this needs to be an independent body.

"We are obviously very concerned about the allegations of what's happened at the CBI - they are very, very serious.

"We would like to engage with business through a representative body when we can, but we're not stopping, that's why we have 60% of FTSE chief executives here today. We're perfectly capable of engaging with business and we will continue to."

The CBI has been the primary point of contact for the government with the business community for decades, a role that is now in doubt.

Representing around 190,000 companies, the CBI was central to negotiations with ministers and unions to establish the furlough scheme at the outbreak of the pandemic.

It has also been a thorn in the side for ministries however, articulating the broad opposition to Brexit among companies during the referendum campaign, a position that prompted Boris Johnson to notoriously declare "f*** business".

Rishi Sunak's presence at the Business Connect event, at which he took questions from company bosses, was an attempt to convince employers that his government is pro-business after months of political and economic instability.

Mr Hunt said he and the PM are committed to delivering what business needs.

"You have a chancellor and a prime minister who are both from a private sector background, it is in our DNA," he said.

"I would say that what businesses say is that it is actions not words that really matter and we are very, very committed to that because as Conservatives we don't think governments create wealth; businesses do that."

He added: "It is not for us to decide who business wants to engage with but we are not going to wait for a reincarnation of the CBI or whoever, we want to engage the whole time, every week, every day, with business."
Newsletter

Related Articles

0:00
0:00
Close
Iran Conflict Strains U.S.–U.K. Alliance as Trump and Starmer Clash Over Military Strategy
UK Interest Rates Could Rise Above Four Percent Again if Energy Shock Continues, Think Tank Warns
Starmer Defends Britain’s Iran Strategy as Badenoch Urges Stronger Military Support
Labour MP Says She Saw No Sign Husband Broke Law After Arrest in China Espionage Investigation
UK Jobless Rate Overtakes Italy’s for First Time in Years as Labour Market Weakens
United Kingdom Suspends Student Visas for Four Countries in Unprecedented Immigration Move
Campaigners Warn UK Student Visa Ban Could Push Migrants Toward Dangerous Channel Crossings
First U.K. Charter Flight for Stranded Nationals Set to Depart Oman Amid Middle East Crisis
France and United Kingdom Deploy Warships to Eastern Mediterranean as Middle East Conflict Escalates
U.K. Arrests Three Men Including Lawmaker’s Partner in Suspected China Espionage Investigation
Trump Says UK–US ‘Special Relationship’ Is Diminished Amid Middle East Dispute
UK Economic Forecasts Face Fresh Strain from Middle East Conflict and Rising Energy Costs
UK Reaffirms Close US Ties After Trump’s Public Criticism
Reeves Stresses Stability and Fiscal Discipline in UK Budget Update as Growth Outlook Shifts
UK Deploys Royal Navy Destroyer HMS Dragon to Cyprus After Drone Strike on RAF Base
Green Party Surges Past Labour in New UK Poll as Traditional Party Support Crumbles
Majority of Britons Oppose U.S. Use of UK Military Bases in Iran Conflict
UK Intensifies Evacuation Efforts from Oman, Working with Airlines to Boost Flight Capacity
Trump Condemns UK and Spain in Unusually Sharp Rift Over Iran Military Action
Trump Repeats UK Claims That Diverge from Verified Facts Amid Diplomatic Strain
UK Arrests Prominent Figures Linked to Epstein Network as Questions Mount Over US Action
Trump Says UK ‘Took Far Too Long’ to Approve Use of Airbases for Iran Strikes
Scope of Britain’s Role in the Expanding Middle East Conflict Comes Under Scrutiny
Trump Says He Is ‘Very Disappointed’ in Starmer Over Iran Comments
U.S. Embassy in Riyadh Struck by Drones Amid Escalating Iran Conflict
Starmer Confronts Strategic Test After Drone Strike Near British Base in Cyprus
Rolls-Royce Chief Signals Openness to Germany Joining UK-Led Fighter Jet Programme
UK Stocks Slip as Escalating Iran Conflict Triggers Global Market Selloff
UK Overhauls Asylum System to Make Refugee Status Temporary
Starmer Warns of ‘Reckless’ Iranian Strikes Amid Escalating Regional Tensions
British Base in Cyprus Targeted as Drones Intercepted Amid Expanding Iran Conflict
Starmer Diverges from Trump on Iran Strategy, Rejects ‘Regime Change from the Skies’
U.S. and Israel Intensify Strikes on Iran as Conflict Expands to Lebanon and Gulf States
Violent Pro-Iranian Protesters Storm U.S. Consulate in Karachi
Missile Debris Sparks Fires at Dubai’s Jebel Ali Port Near Palm Jumeirah
Iran Strikes U.S. Fifth Fleet Headquarters in Bahrain Amid Wider Gulf Retaliation
When the State Replaces the Parent: How Gender Policy Is Redefining Custody and Coercion
Bill Clinton Denies Knowing Woman in Hot Tub Photo During Closed-Door Epstein Deposition
Former U.S. President Bill Clinton Testifies on Ties to Jeffrey Epstein Before Congressional Oversight Committee
Dyson Reaches Settlement in Landmark UK Forced Labour Case
Barclays and Jefferies Shares Fall After UK Mortgage Lender Collapse Rekindles Credit Market Concerns
Play Exploring Donald Trump’s Rise to Power by ‘Lehman Trilogy’ Author to Premiere in the UK
Man Arrested After Churchill Statue Defaced in Central London
Keir Starmer Faces Political Setback as Labour Finishes Third in High-Profile By-Election
UK Assisted Dying Bill Set to Fall Short in Parliament as Regional Initiatives Gain Ground
UK Defence Ministry Clarifies Position After Reports of Imminent Helicopter Contract
Independent Left-Wing Plumber Secures Shock Victory as Greens Surge in UK By-Election
Reform UK Refers Alleged ‘Family Voting’ Incidents in By-Election to Police
United Kingdom Temporarily Withdraws Embassy Staff from Iran Amid Heightened Regional Tensions
UK Government Reaches Framework Agreement on Release of Mandelson Vetting Files
×